South Africa ratifies minimum wage billOn Monday, South African President Cyril Ramaphosa signed a national minimum wage bill into law. The National Minimum Wage Act sets minimum wage at 20 rand an hour (about $1.45 an hour). South Africa’s average household net-adjusted disposable income per capita is currently about $10,872. Proponents of the bill have touted benefits this move will bring to South Africa’s mixed bag of economic indicators. In West Africa, Nigeria is currently in its own dispute over a minimum wage bill.

Source: Ethiopian News December 01, 2018 11:26 UTC